LAGNAM SPINTEX
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The Current P/B Ratio of LAGNAM SPINTEX is 1.95.
Share Price | ₹119.9 | Dec 24,2024 |
Market Cap | ₹212.2 Cr | |
Book Value | ₹109.0 Cr | Mar2024 - Standalone Results |
Price/Book | 1.95x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of LAGNAM SPINTEX
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹212.2 Cr] as on Dec 24,2024
(/) Book Value [ ₹109.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.95x ]
Thus, for LAGNAM SPINTEX , the investors are currently willing to pay '1.95 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of LAGNAM SPINTEX !
The chart below summarizes the trend in P/B Ratio of LAGNAM SPINTEX over the last five years.
Historical PB (Price/Book ) ratio chart of LAGNAM SPINTEX
PB Ratio Performance Analysis for LAGNAM SPINTEX
- LAGNAM SPINTEX 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.06x.
- LAGNAM SPINTEX 's operated at median p/b ratio of 0.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAGNAM SPINTEX 's p/b ratio peaked in Mar2024 at 1.87x.
- LAGNAM SPINTEX 's p/b ratio hit its five-year low in Mar2020 of 0.25x.
How does LAGNAM SPINTEX 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LAGNAM SPINTEX | 108.95 | 1.95 | 212.2 |
PAGE INDUSTRIES LTD | 1,596.93 | 34.11 | 54,464.6 |
KPR MILL LTD | 4,358.23 | 8.25 | 35,972.5 |
VEDANT FASHIONS LTD | 1,593.52 | 19.18 | 30,568.1 |
SWAN ENERGY LTD | 6,278.89 | 3.64 | 22,869.8 |
WELSPUN LIVING LTD | 4,508.87 | 3.39 | 15,264.9 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.54 | 10,774.6 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.68 | 15,332.0 |
ARVIND LTD | 3,540.19 | 3.01 | 10,639.6 |
GARWARE TECHNICAL FIBRES LTD | 1,233.86 | 6.87 | 8,475.4 |
JINDAL WORLDWIDE LTD | 719.07 | 11.48 | 8,253.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs LAGNAM SPINTEX 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.54x |
Max industry PB | 34.11x |
Median industry PB | 3.64x |
Average industry PB | 8.46x |
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